MLS#: E13173828Listed: 9 days agoUpdated:about 9 hours ago
Description
Exceptional income-producing property in the highly sought-after Jones & Danforth neighbourhood, just steps to Donlands Station. This versatile property features three self-contained units, each with two separate entrances/exits, enhancing privacy, safety, and rental flexibility. Main Floor Unit: Spacious 2-bedroom layout with both front and rear access. The main level also offers commercial/office potential (buyer to verify permitted uses), making it ideal for professional services, live/work arrangements, or additional income opportunities. Upper Unit: Bright and functional 1-bedroom suite with front entrance and rear access via private back deck. Excellent natural light and efficient layout attractive to tenants. Basement Unit: Self-contained 1-bedroom suite with approximately 7-foot ceiling height. Features rear entrance plus interior access from the main level. Situated in a high-demand rental pocket steps to transit, Danforth shops, restaurants, schools, and parks. Strong rental appeal driven by location, layout efficiency, and multiple access points. Laneway parking adds valuable convenience and additional tenant appeal. Ideal for investors seeking stable cash flow with upside potential, or end users looking to occupy one unit while generating income from the others. Projected market rents suggest attractive investor returns. A rare opportunity to secure a flexible, income-generating property in one of Toronto's most vibrant east-end communities. (id:63050)
Details
Details for 493 Jones Avenue, Toronto Blake Jones, Ontario
Property Type
Single Family
Building Type
Row Townhouse
Storeys
2
Neighborhood
Blake-Jones
Land Size
16 x 100 FT
Year Built
-
Annual Property Taxes
$3,891
Parking Type
No Garage
Inside
Appliances
Refrigerator, Stove, Microwave
Rooms
-
Bedrooms
4
Bathrooms
3
Fireplace
-
Fireplace Total
-
Basement
Apartment in basement, Separate entrance, N/A, N/A
Building
Architecture Style
-
Direction
Cross Streets: Jones and Danforth. ** Directions: Across from School.
Type of Dwelling
row_townhouse
Roof
-
Exterior
Brick, Aluminum siding
Foundation
Block
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
16 x 100 FT
Zoning
-
Zoning Description
-
Parking
Features
No Garage
Total Parking
1
Utilities
Cooling
None
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Lane, Carpet Free
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 493 Jones Avenue, Toronto Blake Jones, Ontario